J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) Shares Acquired by Waterloo Capital L.P.

Waterloo Capital L.P. lifted its stake in shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by 70.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 6,262 shares of the transportation company’s stock after purchasing an additional 2,585 shares during the period. Waterloo Capital L.P.’s holdings in J.B. Hunt Transport Services were worth $1,069,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the company. National Pension Service bought a new position in shares of J.B. Hunt Transport Services in the 4th quarter worth about $30,000. BankPlus Trust Department acquired a new stake in J.B. Hunt Transport Services during the fourth quarter worth about $34,000. Versant Capital Management Inc lifted its holdings in J.B. Hunt Transport Services by 102.2% in the fourth quarter. Versant Capital Management Inc now owns 281 shares of the transportation company’s stock worth $48,000 after acquiring an additional 142 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in J.B. Hunt Transport Services by 68.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 329 shares of the transportation company’s stock valued at $56,000 after acquiring an additional 134 shares during the period. Finally, Smartleaf Asset Management LLC grew its holdings in shares of J.B. Hunt Transport Services by 33.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 340 shares of the transportation company’s stock valued at $58,000 after purchasing an additional 86 shares during the last quarter. 74.95% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Darren P. Field sold 1,200 shares of the firm’s stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of $161.67, for a total value of $194,004.00. Following the completion of the transaction, the executive vice president now owns 17,822 shares of the company’s stock, valued at approximately $2,881,282.74. This trade represents a 6.31 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director James K. Thompson sold 4,400 shares of J.B. Hunt Transport Services stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $175.37, for a total transaction of $771,628.00. Following the transaction, the director now owns 23,559 shares in the company, valued at approximately $4,131,541.83. The trade was a 15.74 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.30% of the stock is currently owned by company insiders.

J.B. Hunt Transport Services Stock Performance

Shares of JBHT opened at $134.66 on Monday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.03 and a quick ratio of 0.94. The firm’s 50 day moving average is $159.46 and its 200-day moving average is $171.26. J.B. Hunt Transport Services, Inc. has a 12-month low of $127.35 and a 12-month high of $200.40. The stock has a market capitalization of $13.47 billion, a P/E ratio of 24.22, a P/E/G ratio of 1.61 and a beta of 1.27.

J.B. Hunt Transport Services (NASDAQ:JBHT) last posted its quarterly earnings results on Thursday, January 16th. The transportation company reported $1.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.62 by ($0.09). The company had revenue of $3.15 billion during the quarter, compared to the consensus estimate of $3.13 billion. J.B. Hunt Transport Services had a net margin of 4.72% and a return on equity of 14.05%. J.B. Hunt Transport Services’s quarterly revenue was down 4.5% on a year-over-year basis. During the same period in the prior year, the company posted $1.47 EPS. Equities research analysts anticipate that J.B. Hunt Transport Services, Inc. will post 6.37 EPS for the current fiscal year.

J.B. Hunt Transport Services Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were given a $0.44 dividend. This is a positive change from J.B. Hunt Transport Services’s previous quarterly dividend of $0.43. The ex-dividend date of this dividend was Friday, February 7th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.31%. J.B. Hunt Transport Services’s dividend payout ratio (DPR) is 31.65%.

Analyst Ratings Changes

A number of research analysts recently issued reports on JBHT shares. JPMorgan Chase & Co. reduced their price objective on J.B. Hunt Transport Services from $205.00 to $200.00 and set an “overweight” rating for the company in a research report on Friday, January 17th. Benchmark lowered their price target on shares of J.B. Hunt Transport Services from $195.00 to $175.00 and set a “buy” rating for the company in a research report on Tuesday, April 1st. Stephens reiterated an “overweight” rating and issued a $205.00 price objective on shares of J.B. Hunt Transport Services in a research report on Friday, January 17th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of J.B. Hunt Transport Services in a research note on Friday, March 7th. They set a “hold” rating and a $167.00 target price for the company. Finally, Raymond James dropped their price target on shares of J.B. Hunt Transport Services from $200.00 to $190.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 21st. Nine investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $181.55.

J.B. Hunt Transport Services Profile

J.B. Hunt Transport Services, Inc provides surface transportation, delivery, and logistic services in the United States. It operates through five segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), Final Mile Services (FMS), and Truckload (JBT). The JBI segment offers intermodal freight solutions.